USA

RISKSA Magazine - - International News - Repub­li­can in­ves­ti­ga­tors have ac­cused the

Lloyd’s to launch new cy­ber risk code for 2015 With the in­tro­duc­tion of a new set of cy­ber risk codes and the ben­e­fit of a re-run cy­ber-sce­nario data-col­lec­tion ex­er­cise, Lloyd’s has big plans for its cy­ber seg­ment as of 1 Jan­uary 2015. Lloyd’s per­for­mance man­age­ment direc­tor, Tom Bolt, said com­pa­nies must look to in­spire in­no­va­tion in the fast-grow­ing cy­ber class of busi­ness and warned that that ex­po­sure and ac­cu­mu­la­tion must be prop­erly man­aged. Bolt lauded cy­ber classes as an area where the Lloyd’s mar­ket was show­ing real strength and in­no­va­tion.

Airbnb ex­pands li­a­bil­ity prod­uct

Airbnb, a web­site for peo­ple to rent out lodg­ing, has launched a new pro­gramme that will give US hosts up to US$1 mil­lion in li­a­bil­ity cover in case of guests sus­tain­ing se­ri­ous in­jury within the host’s prop­erty. While a US$1 mil­lion host guar­an­tee al­ready ex­ists, this prod­uct will pro­tect both host and guest. The new pol­icy aims to help im­prove ex­pressed con­cerns of the safety of host­ing short-term guests and is ‘ac­tively work­ing on ways to ex­pand it in­ter­na­tion­ally’. Obama ad­min caught out over health­care num­bers Obama ad­min­is­tra­tion of in­ten­tion­ally try­ing to botch num­bers in or­der to make the health roll­out seem more suc­cess­ful than it ac­tu­ally was. This was af­ter the gov­ern­ment re­form com­mit­tee re­vealed that the num­ber of peo­ple that have signed up for health­care un­der the Af­ford­able Care Act (ACA) has been over­es­ti­mated by 400 000. “The mis­take we made is un­ac­cept­able,” said health and hu­man ser­vices sec­re­tary, Sylvia Bur­well on Twit­ter. Spokesman for the Obama ad­min­is­tra­tion, Aaron Al­bright, said, “Those con­sumers have sep­a­rate den­tal cov­er­age in ad­di­tion to a med­i­cal plan, and were dou­ble­counted by mis­take.”

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